India's services export rises 5.3% in October 2019

Services trade surplus up 1.8% to US$ 6.83 billion in October 2019

As per the data released by the Reserve Bank of India, India's services exports increased 5.3% to US$ 17.70 billion in October 2019 over October 2018. Meanwhile, India's services imports jumped 7.6% to US$ 10.86 billion in October 2019. India's services trade surplus rose 1.8% to US$ 6.83 billion in October 2019 from US$ 6.72 billion in October 2018.

India's services trade surplus improved 0.4% to US$ 45.41 billion in April-October 2019 over a year ago, with 8.5% rise in services exports to US$ 127.86 billion. India's services imports moved up 13.5% to US$ 82.45 billion in April-October 2019.

 

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